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Wednesday 28 April 2010

Tanka #4

Betting sensation
(roars The Sun): decimal odds.
(Despair on courses.)
Bookies offer 3.50
instead of seven to two...


Unknown said...

Hi Dave,

Betting odds have always been a foreign language but this could make it worse for traditionalists. I've just been reading about decimalised betting and it suggests that the figure shown represents the total return not just the profit margin. So 7/2 would equate to 4.50 (£3.50 plus the original £1 stake). What's the betting?!

@ctors Business said...

Like Derrick, I never really understood the betting odds - perhaps because I'm rather mathematically challenged!